Skip to content

Sampdoria sale nears after club strikes investment deal

Nicolò Campo / LightRocket / Getty

Sampdoria announced on Saturday that a preliminary agreement had been struck with two companies, one owned by Leeds United owner Andrea Radrizzani, for new investment in the troubled Italian club.

Recently relegated Sampdoria said that the early deal had been struck with Gestio Capital and Radrizzani's Aser Holding, and is widely expected to end with the club being sold.

Italian media reported that Paris Saint-Germain owners Qatar Sports Investments will hold a minority stake in Samp should the transaction go through.

They are ready to take the club from Massimo Ferrero, who had to resign the presidency in December 2021 after being arrested for fraudulent bankruptcy but remained owner.

Samp added that the completion of the transaction, which was "more in line with the interest of the company's creditors and the recovery plan prepared by the club" than another offer, was conditional on a debt restructuring agreement being respected.

Samp dropped down to Serie B earlier his month after a miserable season which has been further marred by financial problems and fan anger at potential bankruptcy.

The club has struggled to pay their bills and only avoided a points deduction by convincing the players to give up December's paycheques.

Samp also need to pay the salaries for the first three months of 2023 by Tuesday to avoid starting next season with a four-point penalty.

Earlier this week they agreed with other Serie A clubs to obtain early 40 percent of the parachute payment reserved for relegated teams in a bid to make the payment and avoid the points punishment.

Daily Newsletter

Get the latest trending sports news daily in your inbox